Related provisions for SUP 15.7.5A
41 - 60 of 77 items.
A firm in the RAG group in column (1), which is a type of firm in column (2) and whose ultimate parent is a mixed activity holding company must: (1) submit the annual report and accounts of the mixed activity holding company to the FCA annually; and(2) notify the FCA that it is covered by this reporting requirement by email using the email address specified in SUP 16.3.10 G (3), by its accounting reference date.(1)(2)RAGFirm type1UK bank3IFPRU investment firmBIPRU firm4IFPRU investment
This table belongs to COLL 7.4A.1G (5) (Explanation of COLL 7.4A)Summary of the main steps in winding up an ACS or terminating a sub-fund of a co-ownership scheme under FCArulesNotes: N = Notice to be given to the FCA under section 261Q of the Act in a section 261Q case.R = Request to wind up the scheme under section 261W of the Act in a section 261W case. E = commencement of winding up or terminationW/U = winding upFAP = final accounting periodStep numberExplanationWhenCOLLrule,
1Schedule to the Recognition Requirements Regulations, paragraph 2A(1)The composition of the management body of a [UK RIE] must reflect an adequately broad range of experience.(2)The management body must possess adequate collective knowledge, skills and experience in order to understand the [UK RIE’s] activities and main risks.(3)Members of the management body must -(a)commit sufficient time to perform their functions on the management body;(b)act with honesty, integrity and independence
The Principles1 IntegrityA firm must conduct its business with integrity.2 Skill, care and diligenceA firm must conduct its business with due skill, care and diligence.3 Management and controlA firm must take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems.4 Financial prudenceA firm must maintain adequate financial resources.5 Market conductA firm must observe proper standards of market conduct.6 Customers'
Applicable sections (see SUP 11.1.1 R)Category of firmApplicable sections(1) A UK domestic firm other than a building society, a non-directive friendly society5, a non-directive firm45or (in the case of an FCA-authorised person) a firm with only a limited permission354All except SUP 11.3, SUP 11.4.2A RandSUP 11.4.4 R3(1A) A building society(a) In the case of an exempt change in control (see Note), SUP 11.1, SUP 11.2andSUP 11.9(b) In any other case, all except SUP 11.3andSUP 11.4.4